Latest News
AAFC Launches EASE® Healthcare Program in Ghana with FOCOS Orthopedic Hospital
EASE® Ghana has signed its first customer in the country, introducing its “equipment-as-a-service” model to Ghana’s healthcare sector. FOCOS Orthopedic Hospital is set to receive best-in-class medical diagnostic equipment through EASE® Ghana’s unique pay-per-scan service. The hospital is one of West Africa’s leading healthcare providers and has recently undergone a period of significant growth in patient numbers.
Food Security Gets its Spotlight. Now Comes the Hard Part.
The 2020 Nobel Peace Prize was awarded to the World Food Programme, but there i still a long way to go when it comes to sustainable food systems, says the CEO of AAFC, Frans VanSchaik.
African Asset Finance Company Completes Redeemable Preferred Share Offering
AAFC intends to use the proceeds to strengthen its equity base for funding and growing a diversified portfolio of equipment leasing contracts in Ethiopia and other African markets, with a focus on agricultural and medical equipment.
African Asset Finance Closes $30MM Redeemable Preferred Share Offering
African Asset Finance Company (AAFC), a New York-based non-bank financial and equipment leasing firm, closed a $30 million redeemable preferred share offering, led by Roha. The financing was completed in two equal tranches.
Who will bring the world to Africa?
With South African Airways collapsing into bankruptcy, the fight for dominance among African airlines has one clear winner – Ethiopian Airlines
Ethio Lease to mechanise the agriculture sector
To supply USD 150 million agricultural machineries. The first foreign-owned leasing company, Ethio Lease, yesterday signed Memorandum of Understanding (MoU) with the Ministry of Agriculture and the Agricultural Transformation Agency (ATA) enabling it to lease agriculture machineries to ATA sponsored farmers’ mechanisation centres.
Ethio Lease Signs Agreement with Ministry of Agriculture and Agricultural Transformation Agency
Ethio Lease, the first foreign-owned leasing company, today announced the signing of a Memorandum of Understanding (MOU) agreement with the Ministry of Agriculture (“MOA”) and the Agricultural Transformation Agency (“ATA”) to lease agriculture equipment to ATA sponsored farmers’ mechanization centers.
Gagnon Joins African Asset Finance Company as CFO
African Asset Finance Company (AAFC), a New York-based non-bank financial and equipment leasing firm, appointed Christine D. Gagnon as its chief financial officer. In this new role, she will lead AAFC’s finance, accounting and credit risk functions and report directly to the company’s Chairman and CEO Frans VanSchaik.
Ethiopia: Foreign financial firms will need air to breathe
Ethio Lease this month became the first foreign-owned company to secure a financial services license in Ethiopia. Simplifying the country’s forbidding bureaucracy would help the country’s leasing market to reach its full potential.
Ethiopia Grants First Ever Foreign Lease Finance Company
The National Bank of Ethiopia (NBE) has granted a license on Thursday to Ethio Lease, making it the first foreign-owned entity to receive a financial services license in the country.